Oops - here's more recent info on Qlogic common stock:
QLogic Corporation Announces Proposed 2-For-1 Stock Split
Costa Mesa, Calif., November 4, 1998 -- QLogic Corporation (Nasdaq:QLGC), a leader in the I/O industry, announced that its Board of Directors has authorized the Company to amend its Certificate of Incorporation to increase its authorized shares of Common Stock from 12,500,000 shares to 50,000,000 shares and to split its outstanding shares on a two-for-one basis, subject to approval of the Amendment of the Certificate of Incorporation by the holders of a majority of the Company's outstanding shares.
Stockholders of record on December 8, 1998 will be entitled to vote by written consent. The Company expects to mail consent solicitation materials to its stockholders after December 8, 1998. If the proposal is approved by stockholders, the aggregate number of post-split shares of common stock that will be issued and outstanding will be approximately 18 million. The Company expects to announce the effective date of the stock split as soon as practicable following stockholder approval of the Amendment of the Certificate of Incorporation.
Let's hope a 10:1 offer is not with post-split shares. <g>
Greg |
